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Qatar Tribune
5 days ago
- Qatar Tribune
India, Qatar aim to double trade by 2030: Envoy
Satyendra Pathak Doha India and Qatar are on a fast track to deepen economic ties, with both nations aiming to double bilateral trade by 2030, Ambassador of India to Qatar HE Vipul has said. 'Bilateral trade between India and Qatar currently hovers around $14 billion, with India ranking among Qatar's top trading partners. While Qatar's exports of LNG, LPG, and petrochemicals primarily dominate the trade, India is actively boosting exports of value-added products, including electronics, household goods, food items, and manufactured products,' the Indian ambassador told Qatar Tribune on the sidelines of the launch of 'India Utsav' festival by Lulu Hypermarket to commemorate the 79th Indian Independence Day in Doha on Friday. Ambassador Vipul noted that the trade imbalance is natural given India's energy needs, but stressed there are growing opportunities for Indian exports to Qatar. He noted that Indian exports to Qatar, while currently small, are poised to grow, especially in value-added goods such as electronics, household products, and food products. Investment is another priority, he said, adding that recent agreements include Qatari investments in India worth $10 billion and plans to open a Qatar Investment Authority office in India. Both governments are facilitating high-level delegations, joint commission meetings, and sector-specific collaborations to strengthen trade and investment links, he said. The ambassador also highlighted progress in SMEs, technology, and start-ups, where Indian businesses increasingly engage with Qatari investors. Ambassador Vipul also highlighted ongoing engagement between both governments and private sector entities. He mentioned upcoming joint commission meetings and high-level delegations as part of efforts to maintain momentum on trade and investment. 'It takes months and years to see tangible results, but the trajectory is positive, and both sides are fully committed to achieving our targets,' he said.
Qatar Tribune
6 days ago
- Qatar Tribune
Amir appoints Board of Directors of Qatar Central Bank
DOHA: His Highness the Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani has issued Amiri Decision No. 25 of 2025, appointing the Board of Directors of the Qatar Central Bank. The resolution stipulated that the Board of Directors of Qatar Central Bank shall be chaired by HE Sheikh Bandar bin Mohammed bin Saud Al Thani, Governor of Qatar Central Bank, and HE Sheikh Ahmed bin Khalid bin Sultan Al Thani, Deputy Governor, as Vice Chairman, and the membership of HE Dr Saleh bin Mohammed Al Nabit, HE the Undersecretary of the Ministry of Finance, HE the Undersecretary of the Ministry of Commerce and Industry, HE Dr Tami bin Ahmed bin Ali Al Bu Tami Al Binali, and Dr Khalid Nasser Al Khater. The resolution also stipulated that the term of membership in the board shall be four years, renewable for one or more similar terms. The decision stipulated its implementation and enforcement, and that it would be published in the Official Gazette.
Qatar Tribune
7 days ago
- Qatar Tribune
Amir appoints QCB Board of Directors
QNA Doha His Highness the Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani on Thursday issued Amiri Decision No 25 of 2025, appointing the Board of Directors of Qatar Central Bank (QCB). The decision stipulated that the QCB Board of Directors shall be chaired by Governor of QCB HE Sheikh Bandar bin Mohammed bin Saud Al Thani, with Deputy Governor of QCB HE Sheikh Ahmed bin Khaled bin Sultan Al Thani as Vice-Chairman, along with the following members: HE Dr Saleh bin Mohammed Al Nabit, HE Undersecretary of the Ministry of Finance, HE Undersecretary of the Ministry of Commerce and Industry, HE Dr. Tamy bin Ahmed bin Ali Al Binali, and Dr Khalid Nasser Al Khater. The decision stipulated that the membership of the Board is for four years renewable for a similar period or multiple periods. The decision stipulated its implementation and enforcement, and it be published in the Official Gazette.
